Macroeconomics Questions
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Economic growth (12 months to 2019 business cycle peak)
Refer to Exhibit 6-2. The employment rate in year 1 is
The velocity of money is the __________ number of times a dollar is spent to buy final goods and services in a year.
If the nominal interest rate is 4 percent and the expected inflation rate is 1 percent, the real interest rate is
Refer to Exhibit 6-2. How many persons are unemployed in year 2?
Inflation rate w CPI (12 months to dec 2021)
Inflation rate w GDP deflator (12 months to 2022)
If the CPI is 100 in the base year and 108 in the current year, how much did prices rise between the base year and the current year?
Refer to Exhibit 6-2. The unemployment rate in year 2 is
In the equation of exchange, the letter "V" stands for
Refer to Exhibit 6-2. How many unemployed persons are there in year 1?
In symbols, the equation of exchange says
In the equation of exchange, "Q" stands for
The simple quantity theory of money can be written as
In the equation of exchange, the average number of times a dollar is used to purchase a final good or service is the __________ of money.
Based upon the equation of exchange, which of the following (ceteris paribus) is most likely to bring about inflation?
If the money supply is $900, velocity is 6, then in the equation of exchange, PQ is
"The money supply multiplied by velocity must equal GDP" is a statement of the
A plumber who quits his job in Indianapolis and moves to Orlando where additional plumbers are needed is said to be ___________________ unemployed
Juan lost his job as a nuclear physicist working for a defense contractor. He can not find a job because no firms in the defense industry or any other industry are hiring people with his skills. Juan is ______________ unemployed.
